Labour market · 12/12/2012

DOL Proposes Amendment to PTE 2006-06 for Services Provided in Connection With Abandoned Individual Account Plans

The Department of Labor has issued a notice of proposed amendment to PTE 2006-06, a prohibited transaction exemption under ERISA, which allows qualified termination administrators to provide services to abandoned individual account plans and pay themselves fees for those services.

Source: Federal Register — Department of LaborOpen original release →

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